Tag: UAE Business News
UAE’s MoF launches the final phase of accrual accounting system
The UAE Ministry of Finance (MoF) has launched the third and final phase for government entities to switch to an accrual accounting system, which...
Beware of Valentine’s day related online frauds: Experts warn UAE
Cybersecurity experts have warned shoppers to be vigilant about cybersecurity and phishing schemes when purchasing goods for their loved ones, with a spike in...
UAE’s renewable energy capacity will rise to 9GW by 2025: Report
Europe-based independent energy research and business intelligence company, Rystad Energy has stated that the UAE’s renewable energy capacity is set to increase four-fold to...
Miral’s “Hilton Abu Dhabi Yas Island” is set to welcome visitors...
Abu Dhabi's leading curator of experiences, Miral will open a new luxury hotel in collaboration with the global hospitality giant Hilton at Yas Bay,...
Aldar Estate acquires Asteco Property Management to widen its portfolio
UAE-based estate management company Aldar Estates has acquired the award-winning full-service real estate management company Asteco Property Management and all its branches across Abu...
Strict compliance with ESR is vital for UAE firms to avoid...
Companies in the UAE must follow and be up to date with the UAE’s economic substance regulations (ESR) if not they will have to...
FAB, Mastercard join to facilitate B2B payments in UAE
The UAE’s largest bank, First Abu Dhabi Bank (FAB) has signed a five-year strategic partnership deal with global payments technology leader Mastercard to make...
ADNOC awards offshore block exploration rights to Japan’s Cosmo
UAE’s leading oil firm Abu Dhabi National Oil Company (ADNOC) has awarded the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P...
